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Ground-Floor 2-Bedroom Bungalow in La Torre de la Horadada

Torre de la Horadada, Pilar de la Horadada · AlicanteListed Jul 2025

2 Bed2 Bath77 m²Built 2019Energy: G

Description

Priced at EUR 304,000, this 2-bedroom bungalow in La Torre de la Horadada comes with 2 bathrooms and 77 m2 of space. The property is sold fully furnished. The bungalow faces south. The building dates from 2019. La Torre de la Horadada is a residential area within Pilar De La Horadada. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 304,000 works out to EUR 3,948 per square metre. Community fees are EUR 40 per quarter. The energy rating is G. Transfer tax (ITP) in Alicante is 10%. The terrace area measures 12 m2. A private solarium offers open-air relaxation.

Property Details

Property TypeBungalow
Bedrooms2
Bathrooms2
Built Area77 m²
Terrace12 m²
Floor0
Year Built7 years old
OrientationSouth-facingMaximum sunshine throughout the day — ideal for terraces and pools
Energy CertificateRating G
ReferenceOH01720

Features & Amenities

Climate & Comfort
  • Air conditioning
Outdoor & Pool
  • Terrace
  • Solarium
  • Private pool
  • Garden
Security & Access
  • Security
Interior
  • En-suite bathroom
Other Features
  • Near beach
  • Furnished
  • South-facing

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Torre de la Horadada, Pilar de la Horadada · 37.8510, -0.7661


Energy Performance Certificate

Every property for sale in Spain requires an official Certificado de Eficiencia Energética. The rating reflects estimated energy consumption per m² per year.

A
B
C
D
E
F
GThis property

Rating

G

Very Poor

Consumption

> 240

kWh/m² per year

Est. Annual Cost

> €2,030

energy bills/year

How to improve the energy rating

  • Installing double-glazed windows
  • Adding wall and roof insulation
  • Upgrading to an efficient air-conditioning / heating system

Energy ratings are based on the official Spanish energy certificate. Actual costs depend on usage, occupancy and energy provider. Properties rated D or below may benefit significantly from insulation and system upgrades.


Estimated Buying Costs

Approximate costs for a resale property in Valencian Community.

Transfer Tax (ITP 10%)€30,400
Notary Fees~€950
Land Registry~€650
Legal Fees (1% + VAT)~€3,678
Community Fees (monthly)€40/mo
Est. Total Purchase Costs~€35,678 (11.7%)

Annual Running Costs

Fixed costs you'll pay as a property owner, excluding utilities (electricity, water, internet).

Community Fees

€40/mo

€480/year · covers pool, gardens, common areas

Total fixed costs€480/year (€40/month)

Investment Snapshot

How this property compares to the local Pilar de la Horadada market.

Price per m²

€3,948

this property

Pilar de la Horadada Average

~€3,617

per m² (resale)

Difference

+9%

above average

Above area average — reflects premium features or location

Market data is indicative. Actual values depend on exact location, condition and specification. Consult our team for a detailed market appraisal.


About Torre de la Horadada, Pilar de la Horadada

Pilar De La Horadada is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.


Frequently Asked Questions

What are the total purchase costs?
For this bungalow at EUR 304,000, purchase costs include 10% transfer tax (ITP) of EUR 30,400, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 3,678. Budget approximately EUR 35,628 in total buying costs on top of the purchase price.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this bungalow at EUR 304,000, a 60% mortgage would be EUR 182,400, requiring a deposit of EUR 121,600. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 963. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What are the running costs?
Annual running costs for this bungalow include: IBI property tax is estimated at EUR 500-900 per year; community fees are EUR 40 per quarter; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
How can I arrange a viewing?
Contact Maya Kallio to arrange an in-person viewing of this bungalow in La Torre de la Horadada. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Is this a good rental investment?
Pilar De La Horadada is primarily a residential area. Long-term rentals are more common than holiday lets. A 2-bedroom bungalow could appeal to long-term tenants, especially retirees or workers. Rental income is subject to Spanish tax for non-residents. Consult a local agent for current demand levels.
What is the buying process in Spain?
The Spanish buying process starts with obtaining an NIE (foreigner identification number). After agreeing a price, you sign a reservation contract with a deposit (typically EUR 3,000-6,000). The next step is the arras contract, where you pay 10% of the price. Completion takes place at a notary, where the escritura (title deed) is signed and the balance paid. The whole process typically takes 6-10 weeks from reservation to completion.

Price

€304,000€3,948/m²

Ref: OH01720

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

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Key Details

Type
bungalow
Bedrooms
2
Bathrooms
2
Build Size
77
Energy Rating
G